Category: Chocolate
Europe Chocolate
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Denmark Chocolate Confectionery
... pandemic. While the majority of food categories are seeing price decreases or did so at the end of 2023-beginning of 2024, chocolate is not among them. Prices of chocolate’s raw material cocoa are growing significantly, ... Read More
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North Macedonia Chocolate Confectionery
... confectionery remains steady in 2024, with current value growth boosted further by rising prices. Chocolate confectionery continues to benefit from the premiumisation trend following the launch of more renowned premium brands. With the emergence of ... Read More
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The Czech Republic Chocolate Confectionery
... with an increased cost-of-living while prices continue to rise. However, while inflation has stabilised in 2024, significant price increases continue to impact chocolate confectionery as a result of soaring cocoa prices at the beginning of ... Read More
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Slovakia Chocolate Confectionery
... Added to which, we have seen soaring unit prices for raw ingredients such as cocoa and sugar, which are directly specific to the production of chocolate confectionery. At the same time, Slovak consumers remain price ... Read More
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Ukraine Chocolate Confectionery
... seen in 2022 when war broke out. Mondelez Ukraine, which produces the Korona and Milka brands, saw a significant drop in retail value share in 2022, as higher prices and logistics issues hampered supply and ... Read More
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Greece Chocolate Confectionery
... price rises, as input costs spiral to an all-time high. Cacao prices, for example, surged at the beginning of the year, thanks to unfavourable weather conditions in West Africa, home to a significant proportion of ... Read More
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Confectionery Packaging in the Netherlands
... resulted in an increase in value sales of chocolate confectionery in 2023, the rise in the cost of living influenced the purchasing habits of consumers, who opted to purchase more expensive products such as boxed ... Read More
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Croatia Chocolate Confectionery
... and inflation in 2023 has had a noticeable impact on Croatian consumers' purchasing power in 2024. As a result, shoppers are demonstrating a heightened interest in price promotions and discounts offered by retailers to capture ... Read More
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Austria Chocolate Confectionery
... of commodities. In particular, the steep increase in cocoa prices forced chocolate confectionery manufacturers to increase average unit prices of their products. The cost of sugar remains high in 2024 putting upward pressure on price. ... Read More
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Belgium Chocolate Confectionery
... effects of the inflation crisis still lingering Belgians proved more conservative with their spending and pressure on purchasing power was still strong in 2024. As a result, volume sales of chocolate confectionery suffered in 2024 ... Read More
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Finland Chocolate Confectionery
... stagnate during the year, while current value sales will continue to rise. Competition from other snack categories, such as sugar confectionery and ice cream, especially during the summer months, remains a key feature of the ... Read More
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Bosnia and Herzegovina Chocolate Confectionery
... place in the snacking landscape. While retail volume growth remains stable, the impact of rising prices in 2024 translates to a significant increase in retail sales price (RSP) value, reaching the upper single-digit range. This ... Read More
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Bulgaria Chocolate Confectionery
... the global jump in cocoa prices started to be felt, with chocolate products becoming more expensive as a result. This has been reflected in stronger growth in current value terms. However, price growth has been ... Read More
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Romania Chocolate Confectionery
... confectionery is also facing challenges form the high prices of raw cocoa, along with the 1 January 2024 VAT hikes for products with added sugar content exceeding 10g per 100g of product, pushing up VAT ... Read More
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Sweden Chocolate Confectionery
... Moreover, the competition within chocolate confectionery is fierce, and while big brands dominate, small premium domestic brands are also active, receiving awards and carving out their niche shares. In order to increase consumer loyalty and ... Read More
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Switzerland Chocolate Confectionery
... to continued increases in product prices. While all categories witnessed significant current value growth, this was largely due to the increases in unit price. Some raw materials, such as milk and sugar, are protected, so ... Read More
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Portugal Chocolate Confectionery
... of raw ingredients, such as cocoa and sugar. In turn, these higher manufacturing costs have ultimately resulted in higher unit prices. However, consumers have not abandoned the category. Rather, we are seeing some changes in ... Read More
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Norway Chocolate Confectionery
... rising production and raw materials costs. This is supporting sales in chocolate confectionery amid inflation and widespread price hikes elsewhere. Euromonitor International's Chocolate Confectionery in Norway report offers in-depth knowledge of the market at a ... Read More
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Spain Chocolate Confectionery
... growth with manufacturers being forced to raise their prices as the cost of basic ingredients has risen. In volume terms sales have been supported by a solid performance from countlines, driven by the increasing demand ... Read More
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The United Kingdom Chocolate Confectionery
... across the supply chain, including transportation, energy, labour and raw materials such as sugar, milk and cocoa beans, resulted in prices further soaring, and, combined with the general cost-of-living crisis, translated into another year of ... Read More
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Ireland Chocolate Confectionery
... year’s double-digit rises. The cost-of-living crisis has forced local consumers to cut down on their chocolate confectionery consumption, with retail volumes sales declining in 2024, though to a lesser extent than was seen in 2023, ... Read More
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Confectionery Packaging in Germany
... Flexible plastic remained the predominant pack type in confectionery packaging in this year, widely used for gum, sugar confectionery, and chocolate confectionery. Flexible plastic has historically grown in tandem with the category. Its popularity persists ... Read More
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Italy Chocolate Confectionery
... by the popularity of seasonal chocolate, which is seeing the best performance, alongside chocolate with toys – with both these subcategories fitting well with seasonal and festive celebrations. Tablets is also seeing stable retail volume ... Read More
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France Chocolate Confectionery
... costs to the consumer. Indulgence has long maintained the category but in 2023 many consumers opted for cheaper products and as a result chocolate confectionery saw a decline in volume sales. Sales were also impacted ... Read More
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Liquor Chocolate Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)
... billion by 2029, growing at a CAGR of 6.97% during the forecast period (2024-2029). Due to a significant rise in the demand for unique confectionery products and the trend of alcoholism, the demand for liquor ... Read More
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